If you hadn't been paying attention, there's some pretty ridiculous business going on in news this week. We've collected the most absurd, silly, and just plain stupid news stories for your reading pleasure in this week's Dose of Ridiculous.

Sorry Billy Crystal. The Academy of Motion Picture Arts and Sciences has announced that 'Family Guy' creator and 'Ted' director Seth MacFarlane will host the 85th Annual Academy Awards on February 24, 2013.

Never one to leave a cultural stone unturned, SNL did what everyone else on the internet is doing these days: they made a homage to the massively popular "Gangnam Style" music video from Korean pop star Psy. However, SNL took things one step further: they got Psy himself to join in.

Thanks to the success of both 'Ted' and 'The Bourne Legacy' this year, Universal is already working on developing more sequels because that's what you guys want, so that's what you guys are going to get. Let the sequel-izing commence!

'SNL' has gone through an insane amount of changes. With series regulars Kristen Wiig, Abby Elliott and Andy Samberg replaced by three newbies, and Fred Armisen's famous Barack Obama impression getting handed over to Jay Pharoah, audiences are looking for some sense of normalcy. What better way to give them this than through the first promos for the newest season?

Sure, we're all a little tepid at the prospect of a new season of 'Saturday Night Live' that lacks Andy Samberg, Kristen Wiig, Abby Elliott, and potentially even Jason Sudeikis as well, but the show will always go on, no? Seth MacFarlane has been announced to host the premiere of the long-running sketch comedy's thirty-eighth season, but who will join him on the stage? And what other stars will fall from the sky to deliver a premium rush in the ensuing weeks?

Given the record-breaking success of 'Ted' this past weekend, the execs at Universal are most certainly talking today about plans for 'Ted 2.' Hollywood ought to now have greater trust in original ideas. Or, if not that, at least they should allow Seth MacFarlane to develop any other original project of his own devise. After all, much of the appeal of the comedy is that it's by the creator of 'Family Guy' and other hit television series. And his trademark pop culture-possessed sense of humor draws audiences more than does this film's specific story of arrested development.But knowing Hollywood, we can guarantee that its first response this morning is to focus not on the “fluke” $54 million gross of a fresh property but on how to turn that newly minted name brand into an ongoing franchise. So what will Seth MacFarlane cook up for 'Ted 2?'

'Ted' is getting great reviews from those who have already seen it. Fans of 'Family Guy' are sure to be in for a raunchy, laugh out loud treat when they go the the film in theaters this Friday. But how did they get that talking bear on screen? They didn't use a real teddy bear, so how was it done? Take a look at a video showing the motion capture process used for this upcoming Mark Wahlberg comedy.